Mahindra

Mahindra is an India-based automobile company that manufactures and distributes cars, two-wheelers, construction and farming equipment. Read more

Anish Shah's photo - Managing Director & CEO of Mahindra

Managing Director & CEO

Anish Shah

CEO Approval Rating

73/100

Founded:

1945

Status:

PublicIndependent CompanyNational Stock Exchange of IndiaM&M

MAHINDRA TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Tata Motors is Mahindra's top competitor. Tata Motors is headquartered in Mumbai, Maharashtra, and was founded in 1945. Like Mahindra, Tata Motors also operates in the Automobile Manufacturers field. Tata Motors generates 560% the revenue of Mahindra.

Ashok Leyland is seen as one of Mahindra's top competitors. Ashok Leyland's headquarters is in Chennai, Tamil Nadu, and was founded in 1948. Like Mahindra, Ashok Leyland also works within the Automobile Manufacturers industry. Ashok Leyland generates 36% of Mahindra's revenue.

Eicher has been one of Mahindra's top competitors. Eicher was founded in 1948, and its headquarters is in New Delhi, Delhi. Like Mahindra, Eicher also works within the Automobile Manufacturers field. Eicher has 15,739 fewer employees than Mahindra.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Toyota a competitor of Mahindra?

Mahindra Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$6.1B

Mahindra's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 85.3B. Over the last three quarters, Mahindra's revenue has grown by 36.3%. Specifically, in Q4 2020's revenue was $3B; in Q3 2020, it was $2.6B; in Q2 2020, it was $2.2B.

Mahindra Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Meru Mobility Tech Private Limited

Sep 2019

Source »
$28.1M
Meru is an India-based ridesharing platform that allows users to book rides from individual drivers.
Erkunt Tractor Sanayii A.S.

Sep 2017

Source »
$74.2M
Erkunt Tractor is a manufacturer of farm machinery and equipment.
ERKUNT SANAYİ A.Ş

Sep 2017

Source »
undisclosed
Erkunt is a producer and supplier of engine blocks, cylinder heads and transmission cases for agriculture and automotive sectors.
Hisarlar

Jan 2017

Source »
$18.7M
Hisarlar is a manufacturer and supplier of tractor cabins, soil cultivation and agricultural machineries.

-

OFD Holding B.V.

Dec 2016

Source »
$5.3M
-

These are all the companies that Mahindra has acquired. Mahindra has acquired 10 companies and its latest acquisition was Meru Mobility Tech Private Limited in Sep 2019. Meru is an India-based ridesharing platform that allows users to book rides from individual drivers.

Mahindra Funding History

Since Mahindra was founded in 1945, it has participated in 1 round of funding. In total Mahindra has raised $205.8M. Mahindra's funding round was on Jun 2019 for a total of $205.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Jun 2019
$205.8M

Caisse de dépôt et placement du Québec

Since Mahindra was founded in 1945, it has participated in 1 round of funding. In total Mahindra has raised $205.8M. Mahindra's funding round was on Jun 2019 for a total of $205.8M

Mahindra Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Gamaya develops an AI-based platform that provides hyperspectral imaging analysis solutions for monitoring the health of crops.
$4.3M
Jun 16, 2019
Series B
-
Resson offers an agricultural management and analytics system that helps growers to manage yields, crop inputs and agronomy decisions.
$14M
May 02, 2018
Series C
-
Porter is an online intra-city logistics company that offers mini trucks for rent to customers using their mobile application.
$7.7M
Apr 04, 2018
Series C
-
Zoomcar is an India-based online mobility platform that allows users to discover and book for self-driving rental cars.
$15M
Feb 15, 2018
Series C
-
Gold Farm is a web and mobile-based platform that allows farmers to book agricultural equipment.
$2M
Oct 29, 2017
Seed
-

These are all the companies that Mahindra has invested in. Mahindra has invested 10 companies and its latest investment was Meru Mobility Tech Private Limited in Sep 2019. Meru is an India-based ridesharing platform that allows users to book rides from individual drivers.

Mahindra News

June 10, 2021NDTV News

Anand Mahindra Shares ROFL Clip Of Dog Watching Soccer. Laughter Guaranteed

Industrialist Anand Mahindra has tweeted a video of an adorable dog watching television, possibly a h... See more »
June 10, 2021RushLane

Mahindra XUV900 SUV Coupe Crossover Rendered In 5 New Colours

The Mahindra XUV900 is most likely to be a coupe version of the upcoming XUV700 premium crossover The... See more »
June 8, 2021NDTV

Mahindra's SUV Production Drops 42% In May 2021

Last month the home-grown utility vehicle manufacturer produced 10,217 SUVs in the country, a 42.28 p... See more »
June 7, 2021The Economic Times

Anand Mahindra, Nandan Nilekani anoint Bengaluru TecHalli

A play on words technology and 'halli' (which means village in Kannada), Anand Mahindra announced Tec... See more »
June 6, 2021Mobility India

Mahindra & Mahindra prepares for Two Electric Vehicles On Born EV Platform to be launched in India in 2025-2026

Mahindra & Mahindra is working on the launch of two new electric SUVs for India, based on the brand's... See more »
June 5, 2021AutoCar Professional

With over 300 million green kilometres under its belt, Mahindra bets big on EVs

Mahindra & Mahindra has notched a new milestone, this time in completely emission-free kilometers. El... See more »
June 3, 2021AutoCar Professional

Classic Legends to expand network to 500 by mid-2022, BSA e-motorcycle in the works

Mahindra & Mahindra is redialling the two-wheeler business with much vigour. Having acquired Classic ... See more »

Mahindra Blogs

Mahindra Press Releases

March 28, 20201888 Press Release

Mahindra Group Commissions Semiotic Study for Car Business, Hires Leapfrog Strategy Consulting�s Hamsini Shivakumar

At Mahindra Group�s company, Mahindra and Mahindra Automotive Design has, in order to understand it... See more »
November 1, 2019Motor Sports Newswire

ROXOR Showcases Customization Capabilities at SEMA

Concept ROXOR vehicles capture the West Coast Spirit with Surf and Sand fun ROXOR to show new ROXpowe... See more »
July 12, 2019PR Newswire

Mahindra Racing Officially Welcomes Green Hills Software to the Mahindra Family

NEW YORK, July 12, 2019 /PRNewswire/ -- Mahindra Racing is delighted to formally announce Green Hills... See more »
March 14, 2019WebWire

Empowering Women Farmers

Mahindra and ZEE recognizes and empowers Women Farmers with Prerna Mahindra & Mahindra Ltd, part of t... See more »
February 14, 2019PR Newswire

Mahindra Selects VoltDB to Power Machine Learning-Driven Customer Experiences for Leading Telecommunication Providers

BEDFORD, Mass., Feb. 14, 2019 /PRNewswire/ -- VoltDB, the enterprise-class database that powers real-... See more »
December 13, 2018CENTRALCHARTS

AgJunction Signs Long-Term Agreement with Mahindra

AgJunction Inc. (TSX: AJX), the Autosteering Company™ ("AgJunction"), announced that it has entered i... See more »
June 22, 2018PR Newswire

Mahindra Automotive North America Continues Investment In Detroit Urban Farming With $127,000 In Grants To Eight Local Non-Profits

DETROIT, June 22, 2018 /PRNewswire/ -- Now in its fourth year, the Mahindra Urban Agriculture Grant P... See more »

Mahindra Videos

Social Media

Mahindra Headquarters

Worli

Mumbai, Maharashtra400018

Driving Directions »

Trending Companies

Mahindra Summary

ABOUT

Overview

Mahindra is an India-based automobile company that manufactures and distributes cars, two-wheelers, construction and farming equipment. Mahindra was founded in 1945. Mahindra's headquarters is located in Mumbai, Maharashtra, IN 400018. It has raised 2...

CEO

Mahindra's Managing Director & CEO, Anish Shah, currently has an approval rating of 73%. Mahindra's primary competitors are Tata Motors, Ashok Leyland & Eicher.

Frequently Asked Questions about Mahindra

  1. When was Mahindra founded?

    Mahindra was founded in 1945
  2. Who is Mahindra's CEO?

    Mahindra's CEO is Anish Shah
  3. How much revenue does Mahindra generate?

    Mahindra generates $6.1B in revenue
  4. How much funding does Mahindra have?

    Mahindra has historically raised $205.8M in funding
  5. Where is Mahindra's headquarters?

    Mahindra's headquarters is in Mumbai Maharashtra, IN
  1. How many employees does Mahindra have?

    Mahindra has 20,638 employees
  2. What sector does Mahindra operate in?

    Mahindra is in Automobile Manufacturers, Truck Manufacturers
  3. Who are Mahindra's competitors?

    Mahindra's top competitors are Tata Motors, Ashok Leyland, Eicher
  4. Who has Mahindra invested in?

    Mahindra's has invested in companies such as Gamaya, Resson, Porter